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Banks asked to set up help desks for stimulus application processing
Staff Correspondent | Updated at 11:26pm on June 18, 2020
The Bangladesh Bank on Thursday asked the commercial banks to set up separate help desks at every branch to assist applicants seeking loans from the...
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Offshore banking gets CRR rate cut, enhanced access to local fund
Staff Correspondent | Updated at 11:17pm on June 18, 2020
The Bangladesh Bank on Thursday relaxed cash reserve ratio for offshore banking units of the country’s scheduled banks with a view to reducing cost of...
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Interest rebates for good borrowers go
Staff Correspondent | Updated at 10:56pm on June 18, 2020
The Bangladesh Bank on Thursday scrapped the 10-per cent interest rebate for the good borrowers, reasoning that the country’s banks implemented 9 per cent interest...
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Visa to open country liaison office in Bangladesh
Staff Correspondent | Updated at 06:35pm on June 18, 2020
Global payments technology company Visa unveiled its plans to establish a country liaison office in Dhaka, Bangladesh on Wednesday, said a press release. The new...
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Prime Bank, BASIS join hands to finance ICT entrepreneurs
Business Desk | Updated at 11:03pm on June 17, 2020
Prime Bank and the Bangladesh Association of Software and Information Services has joined hands to facilitate financing for ICT entrepreneurs, said a press release. The...
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Increased excise duty on deposits to fuel liquidity crisis in banks
HM Murtuza | Updated at 10:48pm on June 17, 2020
The Bangladesh Association of Banks has demanded the scrapping of the proposed hike in taxes on the bank balance above Tk 10 lakh as the...
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Ensure CSR support for COVID-19 treatment
Staff Correspondent | Updated at 10:41pm on June 17, 2020
The Bangladesh Bank on Wednesday instructed banks to provide essential medical equipment for the treatment of coronavirus-infected patients and protective materials to the doctors, nurses,...
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Bangladesh Bank blames banks’ misrepresentation of trade policy amid FDI fall
Staff Correspondent | Updated at 10:39pm on June 17, 2020
The Bangladesh Bank on Wednesday blamed authorised dealer banks for misrepresenting the country’s trade policy and putting Bangladesh’s economy at stake even after adoption of...
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Banks allowed to issue int’l debit cards
Staff Correspondent | Updated at 10:26pm on June 16, 2020
The Bangladesh Bank on Tuesday allowed banks to issue international debit cards in favour of eligible persons against their annual travel entitlements. A BB circular...
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Bank officials dissatisfied as owners’ assoc suggests 15pc salary cut
HM Murtuza | Updated at 10:24pm on June 16, 2020
Bank officials are dissatisfied with the latest Bangladesh Association of Banks’ move suggesting the country’s private banks to cut salaries of their staff, which has...
Thursday, March 04, 2021
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